Abusive Compliance Practices Hurt Retailers And Their Vendors Vendor compliance programs have become a major roadblock to retail store success… Article by Kate Vitasek published in Forbes on 18 June 2019. Here is the link: https://bit.ly/2KtlXah
Avoiding the Death Spiral
May 24, 2019 By Leave a Comment
Many procurement organizations don’t realize they are in a virtual death spiral when it comes to cost-cutting. The concept of a death spiral in business has been associated with insurance and investing, but it… Click To Tweet Procurement organizations that constantly demand lower and lower costs (often having a metric known as Purchase Price Variance) often […]
Paying the Piper
May 10, 2019 By Leave a Comment
The old saying goes, “He who pays the piper calls the tune.” The adage dates back to medieval times and emphasizes the fact that the person paying someone to do something decides how that something gets done. Paying the Piper makes a great deal of sense in transactional deals; if Company A is footing the bill, shouldn’t it call the shots? […]
Forbes — 5 March 2019 — RelianceCM
March 5, 2019 By Leave a Comment
Succeeding With Compatibility, Transparency And Trust In High Tech Article by Kate Vitasek published In Forbes on 5 March 2019 High tech contract manufacturing is a booming business that reaches more than $1 billion in revenues per year. Is it possible for small businesses to compete and thrive against the big Chinese companies?… Here’s the […]
George Akerlof and the Lemon Problem
February 11, 2019 By Leave a Comment
George Akerlof put math behind the concept of the “lemon problem” in his classic 1970 article, “The Market for Lemons,” which used the example of a used car market to depict asymmetry of… Click To Tweet Akerlof (with Michael Spence and Joseph Stiglitz) received the 2001 Nobel Prize for their analyses of markets with asymmetric information. This YouTube video explains the lemon […]
A New Day, A New Way for Island Health and Hospitalists
February 5, 2019 By Leave a Comment
Our latest case study relates the extraordinary and inspiring journey of the Victoria Island Health Authority and their Hospitalists as they used the Vested model to transform their troubled labor relationship into a highly collaborative one. Most on the team have called the shift to transformational. Some go so far to say it was more like […]
Forbes — 24 January 2019 — Employees, Suppliers
January 24, 2019 By Leave a Comment
Don’t Treat Your Employees Like Suppliers Forbes Blog article by Kate Vitasek published 24 January 2019 The war for talent is 20 years strong and has changed the way companies recruit and retain talented employees. While great strides have been made in how companies treat employees, many are still in the dark ages when it […]
Forbes — 21 January 2019 — Brexit, Trade and Logistics
January 24, 2019 By Leave a Comment
Get Set For A Bumpy Trade And Logistics Ride In 2019 Forbes post by Kate Vitasek on 21 January 2019 A significant reshuffling of the top logistics countries is likely this year, largely because of Brexit and the potential for a trade war between the U.S. and China… Here’s the link: https://www.forbes.com/sites/katevitasek/2019/01/21/get-set-for-a-bumpy-trade-and-logistics-ride-in-2019/#2400b94bb2c7
Carillion Needed a Strong Dose of Vested
June 20, 2018 By Leave a Comment
Carillion, the large British multinational facilities management and construction services company that went bankrupt early this year, is a textbook example of how not to collaborate, communicate and well, do business. Julie Jackson, managing director at OCS Group, summed up the situation nicely in a recent article for FMWorld. “If we can’t agree on a different way […]
Outsource Magazine — June 2018
June 7, 2018 By Leave a Comment
Prahalad and Hamel: Corporations and Core Competence Column by Kate Vitasek published 2 June 2018 in Outsource Magazine. Here’s the link: http://outsourcemag.com/prahalad-and-hamel-corporations-and-core-competence
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